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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: Mark Mueller who wrote (173)8/8/1996 2:57:00 AM
From: P. Ramamoorthy   of 849
 
Mark,
I'm as bullish as you are on NMPS. Have you noticed a recent trend for stocks after FDA approval, including NMPS. They add a few points on the news and drop. Expectation of FDA approval gets the price up to some extent. After the FDA approval the price falls back to some support level. Can this be rationalized? It can not all MM's manipulation or short interest/margin buyrs. I still believe a sound technology with unique and cost effective product will generate market interest. Perhaps people are too worried about inflation, interest rates, market corrections or collapse. Gold stocks and blue chips seem to attract some.

On NMPS reaching 40's, it all depends upon the mgmt. Any opinions on NMPS mgmt team? Hope they treat common shares dearly and refrain from activities that will dilute shares.
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